Vishay Intertechnology Sees Unusually High Options Volume (NYSE:VSH)

Vishay Intertechnology, Inc. (NYSE:VSH) was the recipient of some unusual options trading activity on Tuesday. Stock investors acquired 6,168 call options on the company. This is an increase of 2,143% compared to the typical daily volume of 275 call options.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VSH shares. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, November 19th. TD Cowen lowered their target price on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th.

Institutional Investors Weigh In On Vishay Intertechnology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Matrix Trust Co acquired a new stake in shares of Vishay Intertechnology during the third quarter valued at about $25,000. Massmutual Trust Co. FSB ADV boosted its position in shares of Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after buying an additional 868 shares during the period. EntryPoint Capital LLC grew its stake in shares of Vishay Intertechnology by 1,366.2% in the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 1,817 shares in the last quarter. nVerses Capital LLC purchased a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at $45,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Vishay Intertechnology by 11,136.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 2,116 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 5.0 %

NYSE:VSH traded up $0.85 during trading hours on Tuesday, hitting $17.98. The company had a trading volume of 2,514,240 shares, compared to its average volume of 1,246,336. Vishay Intertechnology has a 1 year low of $14.95 and a 1 year high of $24.72. The company has a market cap of $2.44 billion, a P/E ratio of 29.40 and a beta of 1.09. The company has a 50-day moving average of $17.57 and a 200 day moving average of $20.40. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). The firm had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. Vishay Intertechnology’s revenue for the quarter was down 13.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 earnings per share. Sell-side analysts expect that Vishay Intertechnology will post 0.55 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio is presently 64.52%.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.